Learn more about the VentureOne Rewards Card
Capital One VentureOne card rewards
Capital One offers two VentureOne Rewards cards: one for those with good credit and one for those with excellent credit. The review focuses on the card for excellent credit, which has some different rewards perks.
VentureOne card welcome bonus
The Capital One VentureOne Rewards card comes with a new member sign-up bonus of 20,000 bonus miles. To earn the bonus miles, you must spend $500 or more with the card within the first three months after opening the account.
Earn miles on the Capital One VentureOne credit card
You can continue to earn miles as you use your VentureOne card to make everyday purchases. Cardholders earn 1.25 miles per dollar spent, and there’s no limit to how many miles you can earn.
For example, if you spend $1,000 on groceries every month, you can use your credit card to make those purchases and earn 15,000 miles annually just for funding your life. Just remember to pay your statement off every cycle to avoid unnecessary interest expenses.
Frequent travelers can rack up even more miles. You earn 5 miles per dollar spent on rental car and hotel bookings if you book and pay through Capital One Travel, making this one of the best travel credit cards.
Redeem miles on the Capital One VentureOne Rewards card
Perhaps the best way to get optimal value out of your miles is to use them to book travel through Capital One Travel. You can use price prediction through the app to save on flights. You can also use your miles to get reimbursed for travel you already paid for with your card via a statement credit.
If you’re a frequent flier with a certain airline or belong to a hotel loyalty program, you may be able to transfer your miles to one of those programs. Capital One partners with more than 15 airline and hotel rewards programs to offer this benefit.
Even if you don’t have upcoming travel planned, you can benefit from your VentureOne card rewards miles. For example, you can use your miles to cover purchases on Amazon or with PayPal. Other options for redemption include using miles to purchase gift cards or available merchandise.
Capital One VentureOne benefits
As a Capital One VentureOne Rewards Credit Card account holder, you get more than rewards miles. The card comes with several benefits for travel and everyday shopping.
Travel benefits
Most decent travel rewards credit cards come with other travel perks, and the Capital One VentureOne card is no different.
Some travel benefits include:
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Travel accident insurance: If you pay for travel with your credit card, you may be eligible for accident coverage at no additional charge.
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24-hour travel assistance services: Capital One’s customer service representatives are available 24 hours a day to answer your questions and help provide peace of mind as you travel.
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Auto rental insurance: When you book a rental car and pay with your VentureOne card, you can save on the cost of optional rental car insurance.
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Capital One Travel: Capital One’s travel booking portal offers special discounts, deals and other perks to cardholders.
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No foreign transaction fees: You won’t pay extra for using your card outside the United States.
You can enjoy Capital One benefits when using your card around your hometown and online, thanks to perks such as:
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Capital One Shopping: This online shopping tool is a browser extension that searches for available coupon codes and automatically adds them to shopping cart processes when you check out, potentially saving you money.
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Extended warranty: When you pay for items with your VentureOne rewards card, you can enjoy additional warranty coverage beyond what the manufacturer may offer.
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Purchase security: You can use a virtual card number when shopping online to better protect your card account.
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0% Fraud liability: If unauthorized charges are made on your account, you aren’t held liable for them, protecting you from losses associated with theft or fraud.
Other VentureOne card benefits
You get other benefits as a VentureOne Rewards account member, including:
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Capital One Entertainment and Dining: Capital One offers cardholder-only ticket and reservation options for fine dining, sports, music and other events.
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Eno virtual assistant: Eno will notify you of potential fraud or other issues with your account, and you can set up alerts to remind you about your bill. You can also use this virtual assistant to learn more about your account, such as what your interest rate is or how much your balance is, at any time.
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CreditWise credit monitoring: Capital One card members get free access to CreditWise, including a monthly credit score, access to their credit report and options for notifications about changes to their credit history.
Capital One VentureOne Rewards card fees, rates & limit
Before you apply to or accept an offer for any credit card, make sure you understand the details in the fine print. You need to weigh the cost of fees and interest against the potential perks of card membership to make the right decision for your personal finances.
VentureOne credit card fees
The Capital One VentureOne card has no annual fee, which is a major plus for any rewards credit card. That means if you avoid other fees and interest expenses, the value of the rewards you earn can truly be like money in your pocket.
Other fees you might pay with this card, depending on how you use it, include:
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Balance transfer fees: If you make a balance transfer within the introductory APR period, which is the first 15 months, you’ll pay a fee of 3% of the balance. transferred. There isn’t a fee for transferring balances outside of a promotional period. If Capital One offers a promotional period at some point in the future, it will charge 4% of the balance transferred during that period.
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Cash advance fees: If you use your card to take money out at the ATM or otherwise get a cash advance, you’ll pay $5 or 5% of the withdrawal, whichever is greater.
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Late payment fees: If you miss your statement due date, you’ll be charged up to a $40 late fee.
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Foreign transaction fees: This card doesn’t come with foreign transaction fees.
Capital One VentureOne interest rates
Your credit card interest rate determines how much your debt costs if you carry balances over from month to month. The interest charged depends on the type of balance you carry.
Capital One VentureOne APR
| APR type |
APR |
| Introductory APR on purchases |
0% for the first 15 months |
| Introductory APR on balance transfers |
0% for the first 15 months |
| Regular APR on purchases and balance transfers |
19.99%, 26.24% or 29.99% variable depending on creditworthiness and other factors at the time of your application |
| APR for cash advances |
29.99% variable |
Capital One VentureOne credit limit
Your credit limit on this card depends on your credit score, income and other factors. The minimum credit limit seems to be $5,000 based on reports from cardholders. Often, VentureOne cardholders with excellent credit are approved for $10,000 or more in initial credit limit, and some card members have reported much higher credit limits.
How the Capital One VentureOne Rewards card compares
The Capital One VentureOne Rewards card for excellent credit is a fairly basic travel rewards credit card. It offers some good baseline perks and an easy rewards structure, making it a convenient option for anyone who wants to earn miles.
The fact that it has no annual fee may make it attractive to frequent travelers and rewards card enthusiasts, as it can be added to a wallet without any additional expense.
However, there are numerous other credit cards on the market with rewards structures that allow for more value, although some of those cards come with annual fees. Frequent travelers may be able to earn enough rewards with some other hotel cards or airline cards to more than cover any annual fee.
Capital One VentureOne Rewards card vs. Capital One Venture Rewards card
The Capital One Venture Rewards Credit Card is a step up from the VentureOne card when it comes to rewards structure and travel perks. You can earn 75,000 bonus miles when you spend $4,000 in the first three months with the Venture Rewards card, and you earn 2 miles per dollar spent on everyday purchases rather than 1.25 miles. You also get a $100 credit toward TSA PreCheck or Global Entry fees, a $50 annual experience credit and other travel perks.
There’s a trade-off, though. The Venture Rewards card has a $95 annual fee and doesn’t come with any sort of introductory APR offer for purchases or balance transfers.
Read our Capital One Venture Rewards Credit Card review
Is the VentureOne card right for me?
The Capital One VentureOne Rewards card is a good option for casual travelers who want an easy way to earn miles on regular purchases. If you have excellent credit, like the idea of a flexible travel rewards program and want to avoid the annual fee, this card is worth a look.
If you only have good credit, you may still qualify for the VentureOne Rewards for Good Credit card, which has similar perks but doesn’t include the welcome bonus or introductory APR offer.
If you don’t consider the VentureOne card to be right for you, but you want to stick with Capital One, check out these reviews to see if you find a better option.
How do I apply for the Capital One VentureOne Rewards card?
You can learn more about the Capital One VentureOne Rewards Credit Card and apply online.
You’ll need your full name, Social Security or Tax ID number and date of birth. You will also need to provide a residential address and some information about your income and expenses. The application only takes a couple of minutes to complete.
Capital One typically informs you almost immediately if you’re approved or not. In some rare cases, the credit card company may need you to provide additional information, and that can delay your application results.
You need excellent credit to get approved for this card, although there’s an option for individuals with good credit.
